Companies & Markets

Delta’s growth hinges on tax dispute resolution

Kudzanai Gerede, Companies and Market Editor0969 views

In its recently published 2026 consumer report, IH Securities said major consumer stocks such as beverage maker Delta Corpo­ration and diversified agro-indus­trial group Innscor Africa remain attractive picks, trading below re­gional peers.

DELTA Corporation (Del­ta) says the outcome of its US$97 million tax dis­pute with the Zimbabwe Revenue Authority (Zimra) will be critical to the company’s future growth, with management warning that settling the liability could force the company to scale back expan­sion plans. The beverages giant, which re­cently reported a record US$1,09 billion in revenue for…

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